The Assessor’s Office is required by law to revalue all property in the City of Danbury every five years. In order to assess your real property fairly and equitably, information regarding the income and expenses related to your property is essential. Connecticut General Statute §12-63c requires all owners of rental property to annually file income and expense statements to the assessors office. Any information related to the actual rental and rental-related income and operating expenses shall not be a public record and is not subject to the provisions of Connecticut General Statute 1-210 (Freedom of Information Act).
Income and Expense Statements are due no later than June 1 of a given year to avoid a 10% penalty of the Assessed Value of the property. The Board of Assessment Appeals does not have the statutory authority to waive such penalties.